Current Issue
Cooper boosted share in Corp.Occidente, Mexican affilaite, to 58%, Q1 '11
7 Toyo acquired Malaysia's Silverstone Corp. Bhd (No. 61 on this year's ranking with $186 million in sales) in October 2010; acquired 75% of China's Shandong Silverstone Luhe Corp. Ltd. ($59 million annual sales) in 2nd quarter 2011.
8 GITI Tire owns 48.9% of P.T. Gajah Tunggal (No. 28).
9 2010 sales include revenue for industrial tires and tubes produced and sold by Nexen Corp., Nexen Tire's parent . . .
10 GITI Tire (No. 15) owns a 48.9% stake; Michelin owns a 10% stake.
11 Pirelli, though a joint venture with Russian Technologies, owns an option to buy into or merge with Nizhnekamskshina.
12 acquired Watts Tyre Ltd., $42m annual sales, in early 2011.
13 Loadstar parent Solideal acquired November 2010 by Camoplast of Canada.
14 Part of India's Ruia Group, which also comprises Dunlop India Ltd. and Monotana Tyres.
15 Amtel comprises sales previously reported as Voronezhshina, Kirov Tyre, Krasnoyarsk Tire and Rosava; Amtel filed bankruptcy in April 2009; sold Vredestein Banden N.V.($450m sales) in May 2009 to India's Apollo Tyres Ltd.; Russia's Sibur Holdings holds option on most of remaining Amtel assets.
16 'Others' represents as many as 100 other companies. The next largest are: Govind Rubber Ltd., India; Specialty Tires of America Inc., U.S.; Societe Tuniesienne des Pneumatiques, Tunisia; Ralson (India) Ltd., India; Poddar Tyres Ltd., India; JSC Matador Omskshina, Russia; Shandong Silverstone Luhe Rubber, China; Dena Tire & Rubber, Iran; JSC Dneproshina, Ukraine; Dunlop Aircraft Tyres Ltd., England.
ArtGUID: 795FE2BC-60DD-4EC8-8E7E-1EEFC7B99B3A ArtTaxonomyList: -->

2011 Global Tire Company Ranking


Updated September 2011
Based on 2010 sales. Includes subsidiaries.
(Figures in millions of dollars, translated at average annual currency exchange rates)



 20102009
2010
Rank
2009
Rank
Company / HeadquartersTire
Sales $
% Corp
Sales
Tire
Sales $
% Corp
Sales
1 1 Bridgestone Corp. #1
Tokyo, Japan
*24,425.00 *75.0% *20,500.00 *74.0%
2 2 Group Michelin #
Clermont-Ferrand, France
*22,515.00 *95.0% *19,600.00 *95.0%
3 3 Goodyear Tire & Rubber Co. #2,3
Akron, Ohio
*16,950.00 *90.0% 15,649.00 96.0%
4 4 Continental A.G. #4
Hanover, Germany
*8,100.00 *23.5% *6,500.00 *23.3%
5 5 Pirelli & C. S.p.A. #5
Milan, Italy
6,320.50 98.4% 5,548.30 89.4%
6 6 Sumitomo Rubber Industries Ltd. #2
Kobe, Japan
5,850.00 85.0% 4,630.10 82.6%
7 7 Yokohama Rubber Co. Ltd. ^
Tokyo, Japan
4,750.40 79.2% 3,956.00 78.9%
8 8 Hankook Tire Co. Ltd.
Seoul, South Korea
4,513.10 89.6% 3,760.00 93.5%
9 9 Cooper Tire & Rubber Co. 6
Findlay, Ohio
3,361.00 100.0% 2,779.00 100.0%
10 10 Maxxis International/Cheng Shin Rubber
Yuanlin, Taiwan
3,356.40 100.0% 2,723.00 100.0%
11 11 Hangzhou Zhongce Rubber Co. Ltd.
Hangzhou, China
3,226.10 97.2% 2,359.30 96.5%
12 13 Kumho Tire Co. Inc.
Seoul, South Korea
3,025.90 99.8% 2,300.60 99.4%
13 12 Toyo Tire & Rubber Co. Ltd. ^7
Osaka, Japan
2,500.00 73.6% 2,306.70 74.5%
14 14 Triangle Group Co. Ltd.
Shandong, China
*2,258.90 100.0% *1,767.70 100.0%
15 15 GITI Tire Pte. Ltd. 8
Singapore
*2,207.50 100.0% 1,741.00 100.0%
16 17 Apollo Tyres Ltd. ^
Kerala, India
1,943.40 100.0% 1,701.10 100.0%
17 18 MRF Ltd. ^
Chennai, India
1,739.70 98.8% 1,225.00 98.4%
18 16 Shandong Linglong Rubber Co. Ltd.
Shandong, China
*1,428.00 100.0% 1,740.00 100.0%
19 19 JK Tyre & Industries Ltd. ^
New Delhi, India
1,303.00 100.0% 1,018.90 100.0%
20 21 Nokian Tyres P.L.C. #1
Nokia, Finland
*1,261.00 *90.0% *975.00 *90.0%
21 24 Qingdao Doublestar Industrial Co. Ltd.
Qingdao, China
*1,233.00 100.0% 877.50 100.0%
22 22 Double Coin Holdings Ltd.
Shanghai, China
*1,222.50 100.0% *945.00 100.0%
23 25 Aeolus Tyre Co. Ltd.
Jiaozuo, China
1,199.00 100.0% 827.10 100.0%
24 23 Nexen Tire Corp. 9
Seoul, South Korea
1,157.40 95.7% 901.00 96.2%
25 20 Xingyuan Tyre Co. Ltd.
Dongying City, China
*1,040.00 100.0% 976.00 100.0%
26 27 Kenda Rubber Industrial Co. Ltd.
Yuanlin, Taiwan
986.80 N.A. 698.10 91.2%
27 28 P.T. Gajah Tunggal TBK 10
Jakarta, Indonesia
986.30 91.3% 694.80 91.3%
28 29 Guizhou Tyre Co. Ltd.
Guizhou, China
918.40 100.0% 650.00 100.0%
29 26 Shandong Shengtai Tyre Co. Ltd.
Guangrao County, China
852.90 100.0% *722.10 100.0%
30 30 Birla Tyres Ltd.
Orissa, India
790.80 100.0% 600.50 100.0%
31 53 Nizhnekamskshina 11
Nizhnekamsk, Russia
768.70 100.0% 578.3T 100.0%
32 31 Ceat Ltd. ^
Mumbai, India
760.20 100.0% 597.10 100.0%
33 34 JSC Belshina Belarus Tyre Works
Bobruisk, Belarus
*745.00 100.0% *525.00 100.0%
34 32 Sibur-Russkie Shiny 5,11
Moscow, Russia
*715.00 100.0% 594.90 93.1%
35 37 Shandong Wanda Tyre Co. Ltd.
Dongying City, China
683.70 100.0% 451.00 100.0%
36 36 Titan International Inc. 3
Quincy, Illinois
*661.00 *75.0% *485.00 *66.7%
37 35 BRISA/Bridgestone-Sabanci Tire Mfg. 1
Izmit,Turkey
651.00 100.0% 492.00 100.0%
38 40 Shandong Jinyu Tyre Co. Ltd.
Dongying City, China
590.10 100.0% 410.30 100.0%
39 33 Shandong Luhe Tyre Co. Ltd.
Zhucheng City, China
530.90 100.0% *543.10 100.0%
40 39 South China Tire & Rubber Co. Ltd.
Guangzhou City, China
515.40 100.0% 411.90 100.0%
41 42 Nankang Rubber Tire Corp. Ltd.
Taipei, Taiwan
431.60 100.0% *320.00 100.0%
42 N.R. Shandong Sangong Tyre Co. Ltd.
Zhucheng City, China
*429.00 100.0% *375.00 100.0%
43 43 Mitas A.S.
Prague, Czech Republic
411.00 73.0% 318.20 92.4%
44 38 Sailun Co. Ltd.
Qingdao, China
*407.00 *80.0% *430.00 *80.0%
45 49 Alliance Tire Co. Ltd. 8
Hadera, Israel
335.70 100.0% 275.00 100.0%
46 51 Federal Corp.
Tao Yuan, Taiwan
332.90 100.0% 232.70 100.0%
47 44 Trelleborg Wheel Systems S.p.A. 12
Tivoli, Italy
*325.00 *8.5% *310.00 *8.6%
48 48 Carlisle Tire & Wheel Co.
Aiken, South Carolina
*322.00 *12.7% *290.00 *12.2%
49 46 Loadstar (Pvt.) Ltd. 13
Colombo, Sri Lanka
N.A. - N.A. -
50 50 Barez Tire Group
Tehran, Iran
302.10 96.6% 271.40 98.2%
51 47 Balkrishna Industries Ltd. ^
Maharashtra, India
*300.00 88.0% 292.10 100.0%
52 55 Xuzhou Xugong Tyre Co. Ltd.
Xuzhou, Jiangsu, China
*289.70 100.0% 195.30 100.0%
53 52 Marangoni S.p.A.
Verona, Italy
263.60 47.5% 223.60 55.5%
54 56 FATE S.A.I.C.I.
San Fernando, Argentina
255.40 98.0% 191.30 98.0%
55 54 Hwa Fong Rubber Ind. Co. Ltd.
Taipei, Taiwan
*252.00 100.0% *214.00 100.0%
56 62 TVS Srichakra Ltd. ^ *230.00 100.0% 146.80 100.0%
57 57 Chaoyang Long March Tyre Co. Ltd.
Liaoning, China
224.20 100.0% 189.10 100.0%
58 58 Petlas Tyre Industry & Trade Co.
Ankara, Turkey
222.40 100.0% 185.60 100.0%
59 60 P.T. Multistrada Arah Sarana TBK
Cikarang, Indonesia
220.00 100.0% 162.10 100.0%
60 59 Qingdao Yellow Sea Rubber Co. Ltd.
Qingdao, China
216.10 100.0% 173.70 100.0%
61 63 Silverstone Corp. Bhd. ^7
Kuala Lumpur, Malaysia
186.00 100.0% 145.00 100.0%
62 61 Sichuan Haida Tyre Group Co. Ltd./Haida
Sichuan, China
173.60 100.0% 162.00 100.0%
63 66 Falcon Tyres Ltd. ^14
Mysore, India
172.00 100.0% *119.50 100.0%
64 64 Beijing Shouchuang Tire Co. Ltd.
Beijing, China
148.80 100.0% 135.20 100.0%
65 68 Vee Rubber Corp. Ltd.
Bangkok, Thailand
N.A. - *140.00 *95.0%
66 65 Casumina (Southern Rubber Industry Co.)
Ho Chi Minh City, Vietnam
135.10 98.0% 126.10 96.0%
67 41 Amtel Povolzhye Tire Complex J.S.C. 15
Moscow, Russia
*135.00 N.A. *400.00 N.A.
68 70 Metro Tyres Ltd.
Ludhiana, India
*125.00 N.A. *105.00 N.A.
69 69 Guangzhou Pearl River Rubber Tyre Ltd.
Guangzhou, China
107.50 100.0% 105.90 100.0%
70 N.R. J.S.C. Rosava
Beyala Tserkov, Ukraine
*106.00 100.0% N.A. -
71 71 Tianjin United Tire & Rubber Co. (TUTRIC)
Tianjin, China
90.60 100.0% N.A. -
72 N.R. Xinjiang Kunlun Tire Co. Ltd.
Korla City, China
90.30 100.0% N.A. -
73 72 General Tyre & Rubber Co. of Pakistan Ltd. ^
Karachi, Pakistan
*90.00 100.0% 75.50 100.0%
74 N.R. Modi Rubber Ltd. 4
Modipuram, India
*78.00 100.0% 84.60 100.0%
75 73 Inoue Rubber (Thailand) Co. Ltd.
Bangkok, Thailand
75.00 44.7% 68.30 52.5%
 
    Subtotal (rounded) 145,500.00   123,000.00  
    Others 16 *6,500.00   *4,500.00  
    TOTAL 152,000.00   *127,500.00  
 

 
# non-tire revenue from company-owned retail operations excluded
^ fiscal year ends other than Dec. 31
N.R. not ranked
N.A. not available
N.M. not meaningful
® revised from previous report
* estimated
1 Bridgestone owns 16% of Nokian Tyres P.L.C. (No. 20 on this year's ranking) and 43% of BRISA Bridgestone (No. 37).
2 Goodyear and Sumitomo operate 75/25 joint ventures in North America and western Europe, incorporating Sumitomo's Dunlop tire activities in those regions.
3 Goodyear sold its Latin American farm tire business ($250 million annual sales) to Titan International Inc. in April 2011; has agreed to sell its European farm tire business ($200+ million annual sales) to Titan International; sale pending.
4 Continental acquired India's Modi Rubber Ltd., (No. 74, with $78 million annual sales) in 2nd quarter 2011
5 Pirelli setting up JV w/Sibur & Russian Technologies; taking over Kirov, Russia, tire plant.
6 Cooper boosted share in Corp.Occidente, Mexican affilaite, to 58%, Q1 '11
7 Toyo acquired Malaysia's Silverstone Corp. Bhd (No. 61 on this year's ranking with $186 million in sales) in October 2010; acquired 75% of China's Shandong Silverstone Luhe Corp. Ltd. ($59 million annual sales) in 2nd quarter 2011.
8 GITI Tire owns 48.9% of P.T. Gajah Tunggal (No. 28).
9 2010 sales include revenue for industrial tires and tubes produced and sold by Nexen Corp., Nexen Tire's parent . . .
10 GITI Tire (No. 15) owns a 48.9% stake; Michelin owns a 10% stake.
11 Pirelli, though a joint venture with Russian Technologies, owns an option to buy into or merge with Nizhnekamskshina.
12 acquired Watts Tyre Ltd., $42m annual sales, in early 2011.
13 Loadstar parent Solideal acquired November 2010 by Camoplast of Canada.
14 Part of India's Ruia Group, which also comprises Dunlop India Ltd. and Monotana Tyres.
15 Amtel comprises sales previously reported as Voronezhshina, Kirov Tyre, Krasnoyarsk Tire and Rosava; Amtel filed bankruptcy in April 2009; sold Vredestein Banden N.V.($450m sales) in May 2009 to India's Apollo Tyres Ltd.; Russia's Sibur Holdings holds option on most of remaining Amtel assets.
16 'Others' represents as many as 100 other companies. The next largest are: Govind Rubber Ltd., India; Specialty Tires of America Inc., U.S.; Societe Tuniesienne des Pneumatiques, Tunisia; Ralson (India) Ltd., India; Poddar Tyres Ltd., India; JSC Matador Omskshina, Russia; Shandong Silverstone Luhe Rubber, China; Dena Tire & Rubber, Iran; JSC Dneproshina, Ukraine; Dunlop Aircraft Tyres Ltd., England.